Nicaragua's charges for the use of intellectual property, payments (BoP, current US$) was US$1.4 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 16.67% from US$1.2 million in 2014 (1.55% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$1.4 million | 2024 |
| Five years earlier | US$1.1 million | 2019 |
| Ten years earlier | US$1.2 million | 2014 |
| Highest | US$2.2 million | 1978 |
| Lowest | US$600,000 | 1983 |
| Average since 2015 | US$1.39 million | 2015–2024 |
| First recorded | US$2.1 million |
What the numbers say
In 2024, Nicaragua's charges for the use of intellectual property, payments (BoP, current US$) fell 6.7% on 2023 (from US$1.5 million to US$1.4 million).
Across the 21 yearly changes before that (1978 to 2023), the average change was +2.3% and a typical year strayed about 34% from that (the standard deviation). This year's change was 0.3 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 87.5% in 2022 and the biggest yearly fall was 45.5% in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 8% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Nicaragua had the 16th highest value of the 20 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Nicaragua | US$1.4 million | 2024 |
| World | US$753.95 billion | 2025 |
| Latin America & Caribbean | US$30.06 billion | 2025 |
| Lower middle income | US$21.52 billion | 2025 |
Closest to Nicaragua in the 2024 ranking
- Ethiopia — 13th of 20: US$2.62 million
- Solomon Islands — 14th of 20: US$2.16 million
- Fiji — 15th of 20: US$1.66 million
- West Bank and Gaza — 17th of 20: US$644,519
- Burkina Faso — 18th of 20: US$387,343
- Bhutan — 19th of 20: US$337,285
What this measures
Charges for the use of proprietary rights (such as patents, trademarks, copyrights, industrial processes and designs including trade secrets, franchises), and charges for licenses to reproduce or distribute (or both) intellectual property embodied in produced originals or prototypes (such as copyrights on books and manuscripts, computer software, cinematographic works, and sound recordings) and related rights (such as for live performances and television, cable, or satellite broadcast). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 24 values
| Year | Charges for the use of intellectual property, payments (BoP, current US$) |
|---|---|
| 2024 | 1,400,000 |
| 2023 | 1,500,000 |
| 2022 | 1,500,000 |
| 2021 | 800,000 |
| 2020 | 600,000 |
| 2019 | 1,100,000 |
| 2018 | 1,900,000 |
| 2017 | 2,000,000 |
| 2016 | 1,900,000 |
| 2015 | 1,200,000 |
Charges for the use of intellectual property, payments (BoP, current US$) in nearby economies
- Antigua and Barbuda — US$12.49 million (2025)
- Argentina — US$2.15 billion (2025)
- Aruba — US$6.39 million (2023)
- Bahamas, The — US$16.91 million (2024)
- Barbados — US$14.56 million (2017)
- Belize — US$19.16 million (2025)
- Bolivia — US$18.69 million (2025)
- Brazil — US$12.33 billion (2025)
More economic policy & debt data for Nicaragua
- General government final consumption expenditure (current US$) — US$2.53 billion (2025)
- General government final consumption expenditure (current LCU) — 92.55 billion (2025)
- General government final consumption expenditure (constant 2015 US$) — US$2.07 billion (2025)
- General government final consumption expenditure (constant LCU) — 29.48 billion (2025)
- General government final consumption expenditure (% of GDP) — 11.36% (2025)
- Households and NPISHs final consumption expenditure (constant 2015 US$) — US$13.16 billion (2025)
- Households and NPISHs final consumption expenditure (constant LCU) — 195.05 billion (2025)
- Households and NPISHs final consumption expenditure per capita (constant 2015 US$)
Reading data like this
Questions people ask
- What is Nicaragua's charges for the use of intellectual property, payments (BoP, current US$)?
- US$1.4 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1977?
- It is down 33.33% from US$2.1 million in 1977 (0.86% a year on average, compounded). The highest value was US$2.2 million in 1978 and the lowest US$600,000 in 1983.
- How does Nicaragua rank?
- 16th highest of 20 economies with data for 2024.
- Is the latest change in charges for the use of intellectual property, payments (BoP, current US$) unusual for Nicaragua?
- In 2024, Nicaragua's charges for the use of intellectual property, payments (BoP, current US$) fell 6.7% on 2023 (from US$1.5 million to US$1.4 million). Across the 21 yearly changes before that (1978 to 2023), the average change was +2.3% and a typical year strayed about 34% from that (the standard deviation). This year's change was 0.3 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator BM.GSR.ROYL.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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